casinos

Casino company Caesars Entertainment (CZR), the owner of Harrah's and Harvey's in Lake Tahoe, announced early Thursday that it had filed for Chapter 11 bankruptcy protection in federal court in Chicago for its main operating unit in an attempt to beat back an effort by some creditors who filed their own bankruptcy plan in Delaware on Monday. They claim the company has cheated them.

The Nevada Gaming Control Board released figures Friday that show the Douglas County casinos on the South Shore of Lake Tahoe had a net loss of over $89 million in Fiscal Year 2014. Their total gaming revenue was $184,671,937 which is down 6.1% from the previous year. Total revenue including hotel, food and beverage was $337,090,380, down 3.6%.

In Nevada there were 270 casinos which grossed more than $1 million in FY2014. Together they took in $23,075,800,492 and is a net loss of $743,688,008.

Starting Friday, January 9, 2015, the Haus Party Winter Music Series will offer live music from all over California, Nevada and the Pacific Northwest every other Friday night.

This 21 and over music series will be held every other Friday night, January 9 – April 17, 2015 at Himmel Haus in South Lake Tahoe, CA. Doors will open at 9:00 pm with live music starting at 9:30 pm. There will be a $10 admission (FREE admission on your birthday) with affordable drink options to suit a ski bum budget including $4 Red Bull and Shochu and $4 premium ½ liter beers.

I had always planned to drive off the hill to watch a Reno Bighorns game, but I never found the opportunity. That is, until this weekend. It's hard to believe they've been in Reno since 2008!

My son Chris won tickets by answering a Bighorn trivia game on a Reno radio station, so my daughter Abby and I drove down Friday night to join him and watch the season opener against the Iowa Energy.

Casinos on the South Shore of Lake Tahoe had a gaming win of $28,419,413 in August, up 32.64% from the same month a year ago according to the Nevada Gaming Control Board (NGCB).

In figures released today, the NGCB shows the whole state of Nevada was down 3.66% with a net win of $920,291,644.

The gaming win represents the computed income of casinos before business expenses and taxes.

The South Shore casinos led the state in wins while casinos in North Lake Tahoe and Mesquite had the biggest losses at 7.25% and 6.64% respectively.

Casinos on the South Shore of Lake Tahoe had a gaming win of $25,079,065 in July, which is down 22.5% from the same month a year ago according to the Nevada Gaming Control Board (NGCB).

In figures released today, the NGCB shows the whole state of Nevada almost equal to last July's reported gaming win with $931,819,621 taken in during the month, up .65% from July of 2103.

The gaming win represents the computed income of casinos before business expenses and taxes.

As they were preparing to power up the hotel and casino during Sunday's power outage, MontBleu's generator had a malfunction, sending smoke billowing out of the resort.

Tahoe Douglas Fire Department responded. "We responded to a generator malfunction," said Eric Guevin, Tahoe Douglas Fire Marshall. "The generator unit was producing a substantial amount of smoke and we had to shut it down."

MontBleu got another generator up and running and emergency power was sent to the casino and hotel.

The final round of golf at Edgewood Tahoe is Sunday.

Greg Maddux, Bode Miller and David Wells start the day off on the 1st Tee at 7:50 a.m. and the leaders, Jeremy Roenick, Chad Pfeifer and Mark Rypien wrap up the start times at 10:10 a.m.

The attached photo has all start times listed.

Tickets are $25 for the day and available at the gate. Parking is free at casinos in the area and along the street if spaces can be found. The old Horizon parking lot is available for parking at $15 per vehicle.

Overall, the 4th of July was busy but things went pretty well according to Douglas County Sheriff Ron Pierini. "A lot of people enjoyed the 4th in Lake Tahoe," he said. "We scheduled a lot of deputies to handle the extra crowds and didn't see a lot of problems. We managed well and were prepared."

Nevada Beach has been an alcohol free beach for the holiday since the 1990s which is something Sheriff Pierini said needed to be done. "Having that ordinance made a big difference," he said.

Casinos in South Lake Tahoe won $17,320,995 in May, up 18.37% over last year. They gained the most in the State of Nevada which saw an overall win of 8.11%.

North Lake Tahoe casinos won %1,837,836, up 1.63% and casinos in the Carson Valley lost 2.71% with their win of $8,618,391.

Since the beginning of the fiscal year, July 1, the South Lake Tahoe casinos are down 3.41% with a total gaming win of $192,212,817.

The gaming win represents the computed income of casinos before business expenses and taxes.

You hear about wild weekends in Lake Tahoe, most of them based at a nightclub of the casinos. Here is your opportunity for a truly wild time when the Lake Tahoe Bird and Native Species festivals are held at the Taylor Creek Visitor Center.

On Saturday, June 7, the Bird Festival will include bird walks, a falconer with live birds of prey, an art contest display, migratory bird info as well as food, crafts and games. Something for all ages! it will be held at the Visitor Center from 10 a.m. to 3:30 p.m.

Movies were in a Quonset hut where movie goers had to bundle up to fight the cold. Lake Tahoe was full of one way roads and a 2 room school. The switchboard operator knew where all 50 winter residents were at all times. Cattle walking down Highway 50.

The history of the south shore came alive last week at the Camp Richardson Lodge during the Lake Tahoe Historical Society’s “Do You Remember?” series.

Casinos at South Lake Tahoe saw a 12.43% drop in gaming profits for the month of January, 2014 according to a report released today by the Nevada Gaming Control Board.

The Stateline casinos took in $14,698,597 in gaming-related profits or "win" in January, down from the prior year's $16,784,196. Their fiscal year to date change is a decrease of 3.44% with $136,138,827 in gaming revenues.

Stateline casinos took in $17,381,413 in November, down 1.99% from the same month a year ago.

The State Gaming Control Board reported today that the gross gaming win for November, 2013 was $875,968,501. The statewide gaming win, computed before business expenses and taxes, is up 11.91% from November of 2012.

Casinos along the Las Vegas Strip and in Washoe County were among the top winners while casinos in North Lake Tahoe, North Las Vegas and Laughlin experienced the biggest drop in gaming win. Casinos on the Strip account for more than half of the gaming win statewide.

Casinos at South Shore Lake Tahoe saw a 22.5% drop in gaming profits for the month of October, the Nevada Gaming Control Board reported today. The rest of the Silver State saw a drop of 2.58%.

The Stateline casinos took in $12,291,710 in gaming-related profits or "win" compared to October 2013.

There is still come good news for the local casinos, they still lead the state with a 3.22% gain in gaming win for the fiscal year which started July 1.

The net revenue for Nevada was $954.331,806.

The Tahoe Regional Planning Agency (TRPA) is currently reviewing the opening brief filed by regional plan litigants who, according to the Agency, are continuing their misinformation campaign about the updated environmental plan that is supported widely by environmental advocates, business groups, and state and local leaders.

Did the Tough Mudder again at Northstar and I got to say, Tahoe North
oops North Shore sure has their act together when it comes to events
and how to put them on. They work with promoters who don't threaten
them and are willing to compromise to bring world class events to
their side of the lake.

Although I must admit they do not, for the most part, have to deal
with the TRPA and councils that don't have the best interest of their
own community at heart. Now I am not saying that our council is
totally dysfunctional, only a little. Most everything that is getting

Lake Tahoe — Big Blue, as it is referred to by many — is North America’s Largest Alpine Lake and the Jewel of the High Sierra … and the Reno Tahoe Territory of the Nevada Commission on Tourism and Bike the West invites you to experience the adventure of riding your bicycle around her 72-mile shoreline by participating in the Annual Tour de Tahoe – Bike Big Blue.

South Shore Lake Tahoe casinos were among the top earners for Nevada casinos during month of April, netting a 14.48 percent increase in gaming profits over April 2012 figures, the state's gaming control board reports Monday.

Casinos at Stateline had a casino "win" of $5,728,649 for the month, compared to $13,739,313 in April 2012. Statewide, gaming profits in Nevada fell slightly by 0.16 percent. Nevada casinos made $854,293,047 for the month.

Gaming profits in Nevada area casinos bounced back in February with a 15.3 percent increased "win" over figures for the same time period in 2012, the state's Gaming Control Board reports Wednesday. For the fiscal year gaming win has increased 2.29 percent.

South Shore Lake Tahoe casinos saw a 7.4 percent increase in gaming profits in February compared to last year, taking $16,290,238. North Lake Tahoe had an impressive 35.26 increase in gaming "win" keeping $2,195,188.

If Highway 50 were to go behind Harrah’s Lake Tahoe and MontBleu casinos, would this be a good financial decision? Yes, according to the study done by Economic & Planning Systems Inc., a Sacramento-based land economics-consulting firm hired by the Tahoe Transportation District.

Nevada son and U.S. Senate Majority Leader Harry Reid addressed a joint session of the Nevada State Legislature today in Carson City. Here is the text of his speech:

Two Tahoe conservation groups, the Sierra Club and Friends of the West Shore, filed a federal lawsuit on Monday challenging new rules for Lake Tahoe that seriously reduce protections for the treasured mountain lake. The new Tahoe Regional Plan Update, approved in December by the Tahoe Regional Planning Agency (TRPA), shifts authority over future development decisions to local jurisdictions. The plan also allows those towns and counties to adopt weakened pollution controls that do not meet the minimum environmental requirements established by TRPA.

South Shore Lake Tahoe casinos took in an impressive amount of gaming business over December and the Christmas holidays, taking in the most gaming win revenue for the month, figures from the Nevada Gaming Control Board show.

From Dec. 1 to Dec. 31, 2012, casinos in the Stateline corridor took in $20,952,920, a 57 percent increase over gaming figures for the same period in 2011, according to the Gaming Control Board.